Technological Highlights of the 90s
July 23, 2016 Leave a comment
The tech industry is known for developing businesses that rise incredibly fast.
In the 1990s, there was an economic boom that saw billions of dollars in venture capital poured into technology companies in hopes of finding the “next big thing.” It was a time when the world witnessed some of the greatest scientific findings and technological inventions.
Fast-forward to 2016, and we now have advanced computers, mobile phones, satellite mapping, advanced software, and more. The scope of technological advancement has significantly increased and remains exponential.
What were some of the major technological highlights of the 1990s? Let’s take a trip down memory lane:
Revival of electric cars
The American government enforced the Clean Air Act in 1990, which requested automobile companies to create cleaner and more fuel-efficient cars. The energy crisis and environmental concerns regarding pollution in the 1970s resulted in the revival of public interest in electric cars. Electric cars came into existence in the mid 1990s and continue to gain popularity. The 1990 Los Angeles Auto Show marked a milestone in the electric car industry.
The rise of Yahoo! and Google
Founded by David Filo and Jerry Yang in 1994, Yahoo! started as a collection of informative web pages, later becoming an online searchable directory. Led by Thom Weisel, Montgomery Securities, one of the largest investment firms at that time, helped manage Yahoo’s IPOs during the rise of tech stocks. During the dot-com bubble, the company’s stock price skyrocketed to an all-time high of $118.75 USD in 2000.
Considered one of the biggest inventions of all time, Google happened in 1998. Started as a research project by two scholars at Stanford University, Larry Page and Sergey Brin introduced the concept of page rankings in search engines. Google served over 10,000 search queries a day and quickly gained a reputation as a trustworthy source of information. By 1999, it was serving 500,000 queries a day.
The iMac was launched in 1998 and was known for its innovative computer experience and unique design. During that time, personal computers were dull beige boxes involving minimal artistry. Apple took this opportunity to reinvent the computer with bold designs and outlandish colors.
Apple’s vision for computers hasn’t changed in the last 30 years, when the first Mac ads told people to “try the computer you already know how to use.”
Mobile wireless file sharing was introduced in 1999 with the invention of Bluetooth technology, allowing electronic devices to communicate wirelessly. Portable personal computers and laptops were the first devices to use Bluetooth technology; it’s now a standard feature in all smartphones.
The tech industry continues to impress and innovate today with a constant stream of impressive new items designed to make our lives simpler and more plugged in. Since the 1990s, the technology sector has been a great place for a business to be. What will they think of in the next 30-odd years…?